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Search Results 0 to 49 of about 6,601 (some duplicates have been removed)
>>> under strain. the u.s. and japan work toward new sanctions on iranian oil while trying to avoid negative impacts on their economies. diplomats from the united states and japan are trying to cinch up the pressure around iran. they're meeting in tokyo to discuss new sanctions to block iranian oil. consumers in japan and elsewhere fear that could drive up the price of gas and slow economic recovery. japan gets about 10% of its oil from iran. the japanese side has asked the americans to be careful about how they impose sanctions. u.s. delegates said they'll try to avoid negative repercussions as much as possible. >> i am confident that as we continue to work with japan that they will -- that they will take the steps that are necessary. >> japanese representatives hope to get an exemption from the sanctions under certain conditions. they're exploring ways to reduce oil imports from iran. u.s. diplomats said they would make exceptions for some countries, depending on their trade with iran. the americans hope to use the sanctions to persuade iran to halt its nuclear development. but th
and a look at u.s. arms export and export reforms after a flurry of foreign sales ended september 2011. but first president obama made a rare visit, that will shape some $490 billion in spending cuts over the coming decades, cuts to be detailed next month when the administration's 2013 budget request goes to congress. the new strategy scraps the long standing policy that the u.s. military be able to fight two major wars at once and it would shift to asia as ground forces are cut in favor of air and naval power. is this the right strategy, will it yield on a tighter budget, and what will it mean for pentagon and the industry that supply it. joining us now are david bertow and lauren lexington. welcome back to the show. >> welcome and then i want your take on this. >> the strategy was tight about eight page, is it the right strategy and what will it mean. >> this has to answer a couple of critical questions. one thing we have debated for a long time as we looked at the draw down is what do we need the military for going forward. the strategy announced this past week does start moving us
/pakistan relations are better than u.s./pakistan relations. it professes to be a democracy, but it's three most important allies are china, north korea and saudi arabia. so pakistan's identity, i think marvin hinted at this, is problematic. but i'm can confident that there are enough good people in pakistan, i think, husain haqqani at the top of this list, really could manage the state given the opportunity to do so. so crises are going to continue. the fact that the military may take over in form, if not in name does not trouble me. what troubles me the most is the deeper, underlying transformation of pakistan that's going on right before our eyes. i have some comments on policy, but i'll deliver those after. he's saw, thank you. >> well, thank you very much, steve. and before we get to our final speaker, i am reminded that professor fair has to leave at 11:30. so i thought that if there were one or two questions that specifically touch on the legal and judicial issues that she raised, i will take them now, and thenly turn to our final panelist. could i remind you, if you're going to ask a que
the u.s. president shifts strategy towards a leaner, cheaper military. barack obama has outlined a new u.s. defense strategy that will refocus on the asia pacific. the president cut the military budget as part of a comprehensive overhaul of the nation's finances. the u.s. will strengthen its presence in asia in the face of cuts to other regions. military leaders say they want to counter the increasing strength of china. obama made the announcement in the first news conference at the pentagon by a u.s. president. the strategy took into account the end of the war in iraq and winding down of the one in afghanistan. pentagon leaders crafted the strategy in line with defense cuts of $450 billion in the next decade. obama says the u.s. will be able to ensure its security with a smaller ground force. >> our military will be leaner, but the world must know the united states is going to maintain our military superiority with armed forces that are agile, flexible, and ready for the full range of contingencies and threats. >> defense secretary leon panetta made it clear the military will no
with such a government. >>> south korean and u.s. marines are going to do their first exercise together in 20 years. south korean military officials say it involves landing and flairing exercises in the southeastern city. those stationed in okinawa japan may take part. they plan to conduct military exercises every other year. they did not specify when they would hold this year's drill. it's likely to be part of an annual joint exercise in march. it's a show of force to check military by north korea following kim's death. >>> japan's minister in charge of the abduction issue says he welcomes a north korean diplomats remark they intend to continue bilateral dialogue. abduction minister, the north korean diplomat in charge of normalizing ties with japan. >> translator: since coming to office, i have been saying in order to resolve the abduction issue, it's important not to rule out any possibilities. i also think it's necessary to hold ongoing dialogue with north korea. i believe that mr. song is sending a positive message to japan in response to my statements. >> matsubara said he will try to resume
.0%. >>> the u.s. has released employment data for december and the results beat market expectations. the u.s. labor department says the jobless rate dropped 8.5% from 8.7%. the previous month. the figure was better than the market forecast of about 8.7% and the lowest in almost three years. employers generated 200,000 more jobs in the nonfarm sector, which sensitive to economic trends. the transportation and warehouse industry added 50,000 jobs. most of those gains occurred in the courier and messenger sector. >>> michael woodford's campaign to return to the top post at olympus is over. he says his tussle with the optical equipment maker has taken too much of a toll on his family. that means he won't lead a proxy fight on behalf of some investors to push for new management and a new board of directors in the wake of the company's accounting scandal. >> if i'd come back, even with the majority, olympus' main bank and creditor wouldn't want me. didn't want me, and i don't want to see that for olympus. it would not be healthy. and it would be just the wrong way to build any future. >> olympus f
>>> united against iran. japan promises to cooperate with the u.s. led sanctions and reduce its depends on oil imports. the japanese government is throwing its weight behind a u.s. led plan aimed at punishing iran. the finance minister is pledging to cut back on the amount of crude his country buys from the middle eastern nation. azumi met with timothy geithner in tokyo. geithner firmly asked for japan's cooperation on economic sanctions against iran. the u.s. is trying to block iran's oil trade by barring transactions between its central bank and foreign financial institutions. >> translator: japan depends on iran for 10% of its crude oil imports. but we will strive to cut imports as soon as possible. >> azumi said japan's trade with iran is not limited to oil imports. he called for a mother tomorrow on sanctions against other economic deals. treasury secretary timothy geithner says the iran sanctions must be put in place as soon as possible. but to make them effective he needs to get another country on side. geithner spoke with nhk world about the challenges he faces. >> how a
>>> the battle of south carolina. u.s. republican hopefuls campaign in a contest that could determine the nominee for president. mitt romney has taken great strides in the race to become the u.s. republican party's presidential nominee. the former massachusetts governor won the iowa caucuses and then the new hampshire primary. now he enters a critical stage. the primary next week in the state of south carolina. romney garnered 39% of the vote in tuesday's primary in new hampshire following his win last week in iowa. he's a moderate. conservative congressman ron paul is an advocate for small government. he won 23%. former speaker of the house of representatives, newt gingrich and former senator, rick santorum tied with 9%. south carolina is a conservative state. republicans there will hold their primary on january 21st. >>> over the past 30 years, the winner of this primary ended up clinching the party's nomination every time. romney is the frontrunner. he'll close in on the nomination with another win. >>> iranian authorities see it as an ominous pattern and say foreign agen
american car of the year. the land rover evoque won truck of the year. but the big three u.s. automakers are the big stars at this year's show. as diane eastabrook reports, their comeback is capturing the attention of competitors from around the globe. >> reporter: putting a new twist on an old name, chrysler rolled out the 2013 dodge dart this morning at the north american international auto show. built on an alfa romeo chassis, this iteration of the dart will be available with three different engines and transmissions. it also features a multimedia center inside with ipod connectivity and a navigation system-- all for less than $16,000. >> it's beautiful, it's powerful, but it's also very smart. >> reporter: at the motor city's big auto show, excitement is back in a big way. forget about the bankruptcies that rocked chrysler and g.m.-- detroit's big three have their headlights pointed toward the future. auto analyst john casesa calls this the silver lining in a very dark period. >> it had to happen, and i guess the show tells us they're investing in new capital from the u.s. government
it would take 10 years to get it. my grandmother is a u.s. citizen and today my parents and my sister, my entire family here are citizens. i am the only undocumented in my family. that is because immigration officials refused to follow the law. i will explain why. it took so long to get my parents residency that i aged out. they do not care when you turn 21. they tell you to get in the back of the line. even waiting nine years, they are asking me to go to the back of the line again. i will be 23 by the time i can immigrate to the country legally. in the meantime, growing up, my parents had no idea this would happen. i graduated from college with a bachelor's in political science with a master's i as well. we fought hard to stay in the country. according to the law of the land, i am supposed to be able to use my old date for filing for immigration to the country, but so far immigration is refusing to let me use that old date, so i am in a month now. i cannot go back to fiji because i would have a 10-year ban on me. my mother has a small cleaning business she need help with. when i was in c
of the immigrant resource center, who was trying to help low- income immigrants adjust to life in the u.s. new life after amnesty, a lot of people were not able to immigrate because of a lack of money. still to this point, i see a lot of immigrants who want to get their work permits. i ask them how long they have been here. sometimes they have been here since the 1970's, 1980's, 1990's. a lot of them are elderly who are ready to retire. i had 165-year-old man who is alone, no family -- a 65-year- old man who is alone, no family here, but he does not have any papers to get that social security that he has contributed to for 30 years. he will be homeless after working for many years. i faced this situation with my clients a lot. i help low income people. sometimes it is very difficult. sometimes i think about how small the world is a and i see how immigration laws are changing. immigration rates started about 40 years ago and i started to see my client to come to me. my husband has been here 10 years and all of a sudden, his employer is asking for a work permit. we have two children. we just bought a
a discussion of recent developments in pakistan. the former ambassador to the u.s. there is under investigation for allegedly seeking u.s. assistance to prevent a military to following the death of osama bin laden. analysts examine what they think they mean internal politics and relations with afghanistan, india and the u.s. the is just over an hour and a half. >> good morning. i am hillel fradkin, senior fellow at the hudson institute and direct gravis center on islam democracy in the future of the muslim world. it is my duty to welcome you to this event, whose subject is packaged and come in a crisis state. and with that, in welcoming you all here and the service authors who spin on the. this duty is an important one, but also for me, a personally sad one. it is an important duty because pakistan is an important country and also a country in the midst of a great crisis, a crisis which affects important american interests as well as pakistan's. it is a personally sad one because the most grave expression that this crisis are the difficulties, the undeserved difficulty of hussein haqqani until
in the history of california. and it should be a great opportunity to celebrate and create thousands of u.s. jobs. but guess what? this bridge is being made in china. 3,000 chinese workers received new jobs instead of americans. if that's not enough, those chinese manufacturers are using 50,000 tons of fabricated chinese steel instead of american steel. on this trip, as you know, we have focused so far on innovation. but to create 30 million jobs, it's the pillars of american industry that need critical investment. and there is no pillar greater than our nation's infrastructure. what's not investment is paying china to build american bridges. we start with thomas hickman, vice president of sales and marketing in iron works at the u.s. company that lost the bid to build the bridge we're just discussing. joining us from his district in west virginia, congressman nick rahal, top democrat on the in a infrastructure bicommittee. all projects financed by our taxpayer dollars as that bridge is here is stamped made in america, made in china. how many jobs and how much work is being lost in this country
>> susie: concern and hope about europe dominate u.s. trading again. european countries hold back on spending, but no agreement on greece. >> tom: from europe to a battle unfolding in stores across america-- beer versus liquor. we look at who's winning and how it could benefit your portfolio. it's "nightly business report" for monday, january 30. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: captioning sponsored by wpbt >> susie: good evening everyone. progress in fits and starts at a european summit meeting in brussels today, and that led to losses and a late comeback on wall street. tom, european leaders met to work on three key items: an agreement not to overspend, a permanent bailout fund to deal with the spreading financial crisis. between with still don't have a deal between greece and its lenders. a more optimistic message that europe is get on top its did debt crisis that lead to the blue chips losing 6 and 3/4 points. on the bell after dropping in the first hour of trading, the naz was down 4, the s&p do
was insufficient. >>> the top u.s. diplomat for asia has met with chinese officials to discuss a situation in north korea. assistance secretary of state kurt campbell is the highest level u.s. official to visit the region since the death of a north korean leader kim jong-il. campbell met separately with chinese vice foreign minister zhang zhijun and cui tiankai in beijing on wednesday. campbell spoke with reporters after the meetings. >> on north korea, i think the united states and china share strong determination to maintain peace and stability. >> campbell told the ministers at the u.s. wants to continue to exchange views with china about north korea. another u.s. official said that china wants to monitor the progress of the new north korean leader, kim jong-un. nhk's correspondent in beijing says that china is exercising caution to avoid provoking north korea. >>> mitt romney is a step closer to becoming the leader of the u.s. republican party. and he got there thanks to eight votes. the former massachusetts governor came out on top in the gop's first contest to pick their candidate for novembe
back to bite another group of u.s. servicemen. a video that appears to show four american marines urinating on dead taliban fighters has provoked a strong reaction there and here. hillary clinton condemned the act as utterly deplorable. the afghan president labeled it deeply disturbing. >> it is simply too distasteful to show. what appears to be happening is that a small group of u.s. marines are urinating on the bodies of three debt afghans. we do not know where the video came from or whether it is authentic. all indications is that it probably is. the combination it has provoked has been universal. two marines had been identified. >> it is inconsistent with american values, standards of behavior that we expect from our military personnel. the vast majority of our military personnel hold themselves to. >> this is not the first time that u.s. troops have been accused of breaching rules of war. in the past, it has acted quickly to punish those responsible. cleaning up the damage to its reputation is harder. this man says that u.s. troops have committed a crime and should leave the
questioning their love for bonds, in particular u.s. treasuries. even though the first big bond auction of the year met with strong demand today, there are concerns bond investors may not fare as well in 2012. suzanne pratt reports. >> reporter: the outlook for treasuries this year is something of a mixed bag, but that hasn't stopped people from coming to investment offices like this one to pour millions of dollars into bonds. it's no wonder investors are still enamored of bonds. last year, treasuries returned about 10%, beating corporates and stocks. after all, u.s. government bonds have long been regarded as a safe haven. for that reason, some experts predict treasuries will be a good bet this year, and with europe still in turmoil, there are even fewer risk-free investments. >> you no longer have a lot of european peripherals, and even some of the european core countries are no longer considered safe. all of that in an environment where more and more people are buying bonds, so that's very supportive of the treasury market overall. >> reporter: but, concerns in the market are growing
that's again to repeat, zero. >> how many people are employed by coda in the u.s.? >> we have actually -- we are the fastest growing company in los angeles. our employment has tripled over the last year. we now have over 300 employees. all of our r&d comes out of los angeles for our product technology. our battery technology and battery management technology. >> and when will people be able to look at a coda product and purchase one if they're -- if they want to? >> our sales start in califor a california. we -- last september, september 2011, we opened a first coda experience center at the west field mall in century city. we have a coda on display there. we have cars available for test drive there, so los angeles residents can come and see a coda any time. which will expand across the u.s. throughout 2012. we actually start delivering products to consumers in late february. >> are you working with a dealership system? >> we have a somewhat hybrid distribution system. we will have our own coda experience centers that i just talked about in major cities. but we will support th
of increasing tensions between the u.s. and iran. u.s. defense department has just released these pictures. they show iranian boats speeding straight toward u.s. military and coast guard ships in to separate incidents last friday. one of these incidents took place in the strait of hormuz. it has been a deadly day in iraq. a suicide bomber disguised as a policeman blew himself up killing at least 53 people. 137 others were wounded. most of the victims were shiite pilgrims on their way to a mosque to mark a holy day. >>> the four u.s. marines seen on video desecrating the bodies of taliban fighters have been interviewed by commanders. all u.s. forces in afghanistan are getting a stern warning. cnn's nick paton walsh is in kabul. >> reporter: deputy commanding officer has issued a directive reminding troops the need to treat the corpses of insurgents and civilians they find here in afghanistan with what they refer to as the appropriate dignity and respect. clearly the u.s. military trying to do to contain the damage done in the eyes of many afghans, but perhaps also send a signal to those ins
>>> boycotting iran. japan agrees to cooperate with u.s. sanctions while trying to avoid the economic repercussions. u.s. leaders are asking for japan's help in trying to stop exports of iranian oil. their boycott penalizes foreign financial institutions that deal with iran's central bank. the japanese government will look into how to cooperate with its ally, but government leaders want to avoid any adverse impact to the economy. they say international cooperation is necessary to stop at the ran's nuclear program. japan gets about 10% of its crude oil from iran. authorities believe it is possible to secure oil from other exporters. still, government leaders say it could cause oil prices to surge and place a heavy burden on japanese corporations and households. they plan to study ways to reduce oil imports from iran, and request the u.s. allow exceptions for japan under certain conditions. members of the european union are divided when to impose an oil embargo. they, too, want to avoid negative impacts. they are trying to ban imports of crude oil and pet row chemical produ
>> susie: good evening, everyone. the u.s. job market kicks off the new year with new vigor. tom, not only are there more jobs for americans, but the unemployment rate dropped again, a sign that american businesses may be more willing to hire. >> tom: susie, the december jobs report underscores an economy that is picking up and faster hiring means consumers could have more money to spend. u.s. companies added 200,000 jobs to their payrolls last month more than expected and the fourth biggest monthly gain of 2011. the biggest surprise: the unemployment rate fell to 8.5% from an upwardly revised 8.7% in november. investors shrugged off the good economic news. the dow lost 56 points. the nasdaq added four and the s&p lost three points. suzanne pratt takes a closer look at that december jobs report and the outlook for hiring in 2012. >> reporter: 8.5%. that's an unemployment rate the u.s. hasn't seen in nearly three years. and, it is something to celebrate. nearly every major industry created jobs in december, from retail to manufacturing. only the government sector trimmed its payrolls last m
. >> reporter: in response, the u.s. navy's fifth fleet said it would launch a counterattack if freedom of navigation in the strait is threatened. the fleet is in bahrain, across the persian gulf of tehran. last week the u.s. navy deployed two nuclear powered aircraft carriers near the strait in an apparent bid to keep iran in check. iran continues its nuclear development in the face of international pressure. western countries have been gradually tightening their sanctions against iran. they are now trying to sever exports of crude oil from the country. last month the u.s. congress passed legislation aimed at preventing iran from shipping crude oil abroad. the european union also plans to impose an oil embargo against iran in the near future. iran relies on revenue from oil exports. if they plunge, the country will face domestic turmoil. early this month, the value of iran's rial slumped against other euro currencies. a local newspaper carried out this cartoon. it depict iranians lining up to buy golden dollars, which are more stable than rial. we're here at a bazaar in tehran where re
>>> a moment of transition. the u.s. president shifts strategy toward a leaner, cheaper military. barack obama has outlined a new u.s. defense strategy that will refocus on the asia-pacific. the president cut the military budget as part of a comprehensive overhaul of the nation's finances. the u.s. will strengthen its presence in asia in the face of cuts to other regions. military leaders say they want to counter the increasing strength of china. obama made the announcement in the first news conference at the pentagon by a u.s. president. the strategy took into account the end of the war in iraq and the winding down of the one in afghanistan. pentagon leaders crafted this strategy in line with defense cuts of $450 billion over the next decade. obama says the u.s. will be able to ensure its security with a smaller ground force. >> our military will be leaner, but the world must know the united states is is going to maintain our military's superiority with armed forces that are agile, flexible, and ready for the full range of contingencies and threats. >> defense secretary leon pan
have been seeing improvement. what's your take on the u.s. and global story right now? >> the way with it feels is in substance the way it is. we are seeing a little improvement. as you probably know the fed's beige book came out recently and there were signs of improvement there. on the other hand there have been some disappointments. are retail sales growth was lower than expected. jobless claims are not showing consistent improvement week over week. i'd say where we are is where we have been for some time, uneven, slow, bumpy, recovery, but a recovery, nonetheless. >> most people are looking at europe as this wild card. do you see a decoupling, i hate to said that because we thought we were and realized we weren't in 2008 when the whole world was -- so u.s. versus europe is that the wild card, the impact of europe? >> there is uncertainty for sure. already elements of decoupling. u.s. seems to be moving ahead and europe seems to be glowing down. their industrial production may be slowing. obviously what is happening in europe is the overhang of the debt crisis. before we put to
that there are some air of confidence coming back into the economy. particularly here in the u.s. we've seen a rebounce of consumer confidence since basically summer last year. we've seen the manufacturers procurement index clearly going up. so these are really good things. we do project a growth on a worldwide basis for aluminum 7% we do project. we do project that china given the unsustainable structure of their industry is going to go into a deficit. basically meaning that there will need to be imports going into china. so there is quite a bit of interesting things happening in our industry in 2012. >> we know that you produce aluminum product force a lot of industries. everything from jet planes to soda cans, to packagesing companies. and automakers. how are those sectors doing? what are your customers telling you? >> well, we continue to see an enormously positive feature in the aerospace industry. the aerospace industry had the second highest order intake in the history of avionics last year, boeing and airbus together have 8 toy-- 8.2 years of auto backlog now. the automotive industry
Search Results 0 to 49 of about 6,601 (some duplicates have been removed)